February 16, 2018

Equinix to acquire Infomart Dallas in a USD 800M deal

The acquisition seeks to allow businesses to scale their data center requirements.

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Co-location giant Equinix has announced that they will be acquiring data center provider Infomart’s Dallas hub in a USD 800M part-cash part-debt deal. With this acquisition, Equinix will be spreading themselves into the Southern part of the U.S, where they will seek to allow their clients to scale easily.

According to Infomart’s owner ASB Real Estate Investments, Equinix was already a holder of 4 data centers at the hub located in Dallas. They also claim that Equinix provided almost USD 20M to the hub’s USD 50M turnover.

Equinix say that acquiring the Dallas location will allow them to diversify their offerings by adding cloud-adapting businesses to their portfolio. They also added that Infomart’s Dallas data center provides a strategic geographic advantage because of its interconnectivity with businesses in the Northern centers.

Explaining this in detail, Karl Strohmeyer, President, Americas at Equinix, commented:

As Dallas becomes an increasingly strategic North American interconnection hub for businesses making the shift to digital, the acquisition of the Infomart will enable existing and new customers to scale their operations with Equinix.

Equinix say that Infomart’s Dallas hub has additional data center space which can be utilized, wherein 40MW of added capacity can easily be added. In closing, Equinix said that the deal is set to close by mid-2018.

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